MCI WorldCom Files Wireless Antitrust Charges in Europe - Nov. 16, 1999

Reporter: David Speakman
Date: 11-16-1999

Company/Ticker/URLMCI WorldCom
Company #2Sprint FON
Company #3Sprint PCS
Company #4Deutsche Telekom
Company #5Mannesmann
Company #6KPN Royal Dutch Telecom NV KPN:NYSE http://www.kpn.com/en
Company #7
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Headline: MCI WorldCom Files Wireless Antitrust Charges in Europe


MCI WorldCom has filed a complaint with the European Commission claiming antitrust violations by 5 wireless companies in 3 countries.

Among the companys cited in the complaint are Deutsche Telekom, Mannesmann and KPN Royal Dutch Telecom.

WorldCom claims the three telecom giants, along with Netherlands-based Libertel and Swedens Comviq, overcharge on access fees to companies like WorldCom who use land-based networks.

MCI WorldCom is under anti-trust scrutiny about its 129 billion dollar deal to merge with rival Sprint FON Group.

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News & Politics

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